Palantir (PLTR) has been a popular artificial intelligence (AI) stock pick over the past year. It surged by about 340% in 2024 and recently notched a new all-time high.
In a significant financial boost and strong show of confidence, Predictive Discovery Ltd has secured binding commitments from the Lundin Family and Zijin Mining Group Co. Ltd to raise about A$69.2 million in a strategic private placement at an issue price of A$0.265 per share. The Lundin Family will invest about A$45.1 million to acquire a 6.5% shareholding in Predictive and Zijin Mining Group Co., Ltd. will invest A$24.1 million for a 3.5% holding. This strategic investment will give PDI a healthy pro-forma cash balance of $98 million before costs once the placement is complete. Proceeds will be used to advance a definitive feasibility study for the flagship Bankan Gold Project in Guinea, progress environmental and social programs, continue regional exploration programs and early development activities. “We are delighted to welcome the Lundin family and Zijin as strategic shareholders in Predictive Discovery,” Predictive managing director Andrew Pardey said. “Their investment is testament to the quality of the Bankan Gold Project and the progress PDI is making towards developing it into a tier-1 gold mine. “We look forward to working collaboratively with the Lundin Family and Zijin together with our other shareholders and stakeholders. “PDI will be fully funded through to a development decision and will also be able to conduct selected early works and continue our regional exploration programs.” The money will be used to: Predictive completed a pre-feasibility study for Bankan in April 2024 that outlines a 269,000-ounce per year operation over 12 years and has now progressed to the definitive feasibility study. PDI considers Bankan to be highly prospective for additional discoveries and is currently exploring targets near the NEB and BC deposits as well as to the north along a 35-kilometre-long gold superstructure. Palantir Technologies Inc (NYSE:PLTR) reported fourth-quarter revenue that surged 36% year-over-year, driven by strong growth in both its US commercial and government segments, sending shares up more than 14% in after-hours trading. The data analytics firm posted revenue of $828 million, surpassing Wall Street estimates of $781.24 million. Adjusted earnings per share came in at $0.14, exceeding analyst expectations of $0.11, while GAAP EPS was in line at $0.03. For fiscal 2025, Palantir issued a revenue forecast of $3.74 billion to $3.76 billion, sharply above consensus estimates of $3.50 billion to $3.53 billion. The guidance implies 31% year-over-year growth, signaling continued momentum as the company capitalizes on increasing demand for its AI-driven solutions. Palantir’s strong results and bullish outlook come as enterprises and government agencies continue to invest heavily in AI and data analytics, positioning the company for sustained growth in the year ahead.
Morgan Stanley has finally conceded that Palantir Technologies is not a stock to sell, but its analysts aren't quite ready to call it a buy either.
AuMEGA Metals Ltd has received positive signs from a high-resolution airborne magnetic geophysical survey over the Hermitage Gold-Antimony Project in south-central Newfoundland and Labrador, Canada. Results from the survey covering about 234 square kilometres and consisting of 4,756 line-kilometres demonstrate significant geological complexity across the entire 27-kilometre strike length. Encouragingly, several second-order and third-order faults were revealed throughout the project area. Large geological structures at Hermitage align with previous high-grade prospecting samples that included 7.31 g/t gold, 193 g/t silver and 2,044 ppm stibnite (antimony). AuMEGA’s managing director and CEO Sam Pazuki said: “Our Hermitage Gold-Antimony Project is a highly prospective opportunity on a massive land package along the second largest known gold structure in Newfoundland. “It is geologically akin to the geology of some of the largest gold deposits globally including Bendigo and Fosterville in Victoria, Australia, Golden Mile in Kalgoorlie, Australia and Windfall in Quebec, Canada. “The exploration activities at Hermitage to date have been limited, however despite this, the results are highly encouraging with multi-gram outcropping gold samples collected (up to 7.31 g/t) to go along with silver (up to 193 g/t) and antimony (up to 2,044 ppm). “The latest results from the high-resolution airborne magnetic survey highlight several major structures throughout the project area. Of particular note is the structural complexity near the centre of the property where we have the highest-grade gold sample collected to date.” The geophysical survey was completed before the end of 2024 by SHA Geophysics with data acquired at 50-metre line spacing with a sensor height of 30 metres. Results from the Hermitage high-resolution airborne magnetic survey. Imagery from the airborne geophysical survey has revealed major structural boundaries and broad-scale deformation features further confirming Hermitage as a high-priority greenfields target for the company. The project area is structurally unique within the geological framework of the province trending, northwest-southeast along the Hermitage flexure compared with most other structures oriented in the exact opposite direction. Geophysics demonstrate that the Hermitage structural domain is favourable to host large dilation zones permitting mineralising fluids in a favourable geological host, as demonstrated along this same provincial suture zone northeast at Newfound Gold’s Queensway Project. Anomalous to high-grade gold-antimony-silver mineralisation has been identified in quartz and quartz-carbonate veins hosted in a mix of sediments and volcanics across 27 kilometres of the project. AuMEGA had previously prospected the central area of Hermitage along stream beds as there is limited outcrop and these where most of the high-grade samples have been collected. This work yielded numerous gold values with peak samples grading up to 7.31 g/t gold, 2,044 ppm stibnite and 193 g/t silver. The company has identified key areas as primary targets for follow-up diamond drilling and additional prospecting with the stream beds also appearing to be highlighted in the magnetic geophysical response as northeast-southwest trending faults to the overall stratigraphy. Many highlights encountered in this area display multiple phases of deformation and veining events. Given the limited exposure and early success with minimal field time, the prospectivity of additional mineralisation hiding under cover is very encouraging. AuMEGA is undertaking a comprehensive review of the geophysical data received, coupled with previous results. This will form the basis of geological mapping and prospecting in the near future as the company works toward an inaugural diamond drill program in the second half of 2025. The amount of drilling will be based on results and can be scaled up or down and will also be weather dependent given additional logistical support required for the project. “We will continue to proceed with comprehensive analysis and interpretation of the new geophysics data and couple that with the previous results to determine specific areas of interest, including specific targets that we plan on drilling in 2025,” Pazuki said. “This inaugural drill program is expected for later in the year and will comprise of up to 3,000 metres of drilling.” Meantime, the company’s upcoming winter drill program in Canada is progressing well. Conditions have been generally favourable despite a rainfall event for two days in the middle of January which delayed site development and equipment mobilisation. Winter camps are being constructed and these are expected to be operational by the end of the first week of February. Drilling is expected to begin in the near term and AuMEGA expects to drill between 10,000 and 12,000 metres in the current quarter at Bunker Hill. Palantir Technologies Inc (NYSE:PLTR) reported fourth-quarter revenue that surged 36% year-over-year, driven by strong growth in both its US commercial and government segments, sending shares up more than 14% in after-hours trading. The data analytics firm posted revenue of $828 million, surpassing Wall Street estimates of $781.24 million. Adjusted earnings per share came in at $0.14, exceeding analyst expectations of $0.11, while GAAP EPS was in line at $0.03. For fiscal 2025, Palantir issued a revenue forecast of $3.74 billion to $3.76 billion, sharply above consensus estimates of $3.50 billion to $3.53 billion. The guidance implies 31% year-over-year growth, signaling continued momentum as the company capitalizes on increasing demand for its AI-driven solutions. Palantir’s strong results and bullish outlook come as enterprises and government agencies continue to invest heavily in AI and data analytics, positioning the company for sustained growth in the year ahead.
Palantir (NASDAQ: PLTR) has seen a remarkable surge following its latest earnings report, closing Monday at $83.74, up 1.52% for the day. The stock then skyrocketed past $100 after hours, in pre-market trading, it reached $99, a stunning 18.22% gain.
Palantir's stock is richly priced at 115x forward free cash flow, but its exceptional growth and AI capabilities justify a bullish outlook. The company's Q4 earnings report was strong, with commercial revenues up 64% y/y, showcasing its ability to turn AI into actionable insights. Palantir's balance sheet is robust, with $5.2 billion in cash and no debt, supporting its high valuation despite competitive risks.
Palantir Technologies (NASDAQ:PLTR) is approaching a critical moment with its upcoming earnings report scheduled for February 3, 2025. The stock closed at $82.49 to end last week, and with the company’s upcoming earnings report set to provide some big-time volatility ahead, with very divergent views on the company beginning to build in the market. With a current consensus price target that’s 37% below current levels, it’s clear that most Wall Street analysts aren’t overly bullish about where this big data and AI stock could be headed from here. And given the recent headwinds the market is going to be pricing into all stocks (and in particular those who have run the furthest the fastest during this recent cycle, such as Palantir), next week could be a choppy one for investors in a range of stocks including Palantir. Let’s dive into what’s likely to drive Palantir this coming week, and what investors may want to think about heading into this earnings report (set to be released after market close). Key Points About This Article: Palantir is among the most high-octane growth stocks that has benefited investors willing to move out in the risk curve. Here’s why this is a stock that could have big downside risk in the days to come, and what investors may want to do moving forward. If you’re looking for some stocks with huge potential, make sure to grab a free copy of our brand-new “The Next NVIDIA” report. It features a software stock we’re confident has 10X potential. Is Palantir’s Surge to an All-Time High Overdone? Volatile stock chart There are certainly plenty of reasons why Palantir has been such a notable performer over the past year, surging nearly 400% over this time frame. With a surge of more than 300% last year alone, fueled by consecutive quarters of revenue growth and sky-high demand (seen in its strong results), sky-high demand for AI stocks (and companies utilizing AI to grow their top and bottom lines at an accelerated rate) has continued. Indeed, Palantir hit a record $84.8 stock price following with protracted tech sector rally. But despite its 412% one-year surge, analysts broadly consider the big data giant overvalued. The company boasts 81.1% gross margins and 24.5% revenue growth, driven by strong investor confidence in its data analytics and strategic partnerships. But if growth slows, there’s a decent likelihood the company’s multiple of 75-times sales is, shall we say, overdone. Factor in tariff concerns and a surging U.S. dollar (with worries that bond yields will follow suit), and investors have reason to throttle back exposure to the highest-growth companies in the market and look for safer Bets. Analysts at Morgan Stanley are among those who have downgraded Palantir over valuation concerns, while Wedbush raised its price target to $90 (the outfit is known for being outright bullish in all market backdrops), so we’ll see who’s right. I do think there are a number of reasons why investors may want to take a more cautious approach to companies like Palantir right now. With that said, let’s dive into what analysts are looking for with this company’s upcoming earnings report. What to Expect on February 3 An investor looking stressed out reading a report Palantir will release Q4 2024 earnings on after market close on February 3. Currently, analysts project the company will bring in $0.11 in EPS (up 37.5% year-over-year), and $778.89 million in revenue, a 28% increase. Strong AI and data analytics demand, along with its Nasdaq 100 inclusion, continue to drive outsized growth expectations. Of course, if growth doesn’t materliaze as the market expects (and/or this company doesn’t beat to an outsized degree), I think analysts could be correct in their outwardly bearish view of this stock. Palantir’s growth depends on securing high-value government contracts, particularly in defense, where rising geopolitical tensions are driving AI demand. Expanding these contracts could stabilize revenue and reinforce its market position amid increasing competition, but it’s unclear exactly what progress has been made not here fronts. Moreover, its five-year AI partnership with BP highlights enterprise adoption, while collaborations with Anduril, SpaceX, and OpenAI strengthen its Pentagon contract prospects. These strategic moves have drawn investor attention, supporting Palantir’s market valuation and long-term expansion. Palantir’s commercial growth is accelerating as enterprises adopt AI solutions, with converting pilot programs into full-scale deals key to sustaining momentum. Expanding margins could further strengthen its stock performance as analysts track customer acquisition and contract growth, but again, we’ll have to see how the numbers come in. Where Is Palantir Headed From Here? A man shrugging his shoulders Palantir has become a key player in AI and data analytics, drawing investor interest for its role in emerging technologies like quantum computing and AI-driven big data. Its government and enterprise partnerships strengthen its market position, while rising cybersecurity demand boosts its growth potential. As data privacy concerns grow, Palantir’s innovations could enhance its value and stock performance. The company’s role in smart cities and autonomous systems could drive future valuation growth as urban technology advances. Its platforms, Foundry and Gotham, leverage AI and machine learning for predictive analytics, enabling users to process vast datasets efficiently. With scalable, interoperable solutions across sectors and ongoing quantum computing research, Palantir is positioned to transform data processing and enhance decision-making. The company’s upcoming earnings report will be pivotal for investors looking to gauge where this stock is headed from here. Personally, I think the current macro backdrop is one that’s overtly bearish, suggesting investors may want to be more cautious with this name than in the past. It’s a stock that could certainly have big downside following its upcoming earnings report, so buyer beware. The post Could Palantir Stock Drop 37% After Feb. 3? appeared first on 24/7 Wall St..
Palantir's Q4 results beat expectations, driving the stock over $100 with accelerating growth and a strong outlook for Q1 and full-year 2025. The company closed more large deals and saw a 43% year-over-year increase in customer count, with a net dollar retention rate of 120%. Despite impressive, accelerating growth and substantial free cash flow, Palantir's valuation remains high at 146x forward adjusted FCF, implying lofty growth expectations.
Palantir (PLTR) shares soared in extended trading Monday after the analytics software company's fourth-quarter revenue and 2025 outlook sailed past Wall Street expectations amid robust demand for its artificial intelligence platform.
Palantir Technologies Inc. saw its shares jump as much as 22% in extended trading on Monday after the company reported fourth-quarter earnings and revenue that surpassed analysts' expectations. The strong results, coupled with an optimistic outlook for the coming quarters, reinforced investor confidence in the company's expanding role in artificial intelligence and defense technology.
Palantir (PLTR) stock soars during Monday's extended-hours trading after the company reported fourth quarter earnings that beat on the top and bottom lines and delivered stronger-than-expected guidance for the upcoming quarter and full year. Third Bridge senior analyst Jordan Berger joins Market Domination Overtime with Julie Hyman and Josh Lipton to share his reaction to Palantir's results.
Palantir Technologies (PLTR 1.51%) stock is skyrocketing in after-hours trading on Monday following the artificial intelligence (AI)-powered software platforms operator's release of better-than-expected fourth-quarter results and 2025 guidance. The stock is up 22.6% as of this writing at 7:34 p.m.